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Legend Biotech Corporation (LEGN)
NASDAQ:LEGN
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LEGN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.60 - $70.78
Previous Close$51.29
Volume471.43K
Average Volume (3M)925.35K
Market Cap
$9.39B
Enterprise Value$8.50B
Total Cash (Recent Filing)$1.28B
Total Debt (Recent Filing)$383.94M
Price to Earnings (P/E)―
Beta1.15
Next Earnings
Nov 18, 2024EPS Estimate
-$0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.57
Shares Outstanding181,911,035
10 Day Avg. Volume931,504
30 Day Avg. Volume925,348
Standard Deviation0.14
R-Squared0.00140
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)7.46
Price to Sales (P/S)115.17
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue161.01
Enterprise Value/Gross Profit60.32
Enterprise Value/Ebitda-37.35
Forecast
1Y Price Target
$80.56Price Target Upside57.44% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Legend Biotech News
PremiumCompany Announcements
Legend Biotech’s New Cancer Drug Wins Approval
PremiumCompany Announcements
Legend Biotech Soars with Strong Q2 2024 Results
Bulls Say, Bears Say
Bulls Say
Manufacturing CapacityThe Raritan, NJ manufacturing site is expanding significantly, which will increase production capacity and ensure a robust supply chain.
Regulatory ApprovalCARVYKTI receives regulatory approval in China, opening doors to a significant market with an estimated 167,000 newly diagnosed multiple myeloma cases.
Sales GrowthCarvykti has the best launch among approved cell therapies due to its best-in-class efficacy, expanding manufacturing capacity, and improved manufacturing efficiency.
Bears Say
Competitive LandscapePreliminary data from Anito-Cel's pivotal iMMagine-1 suggests its efficacy is comparable to Carvykti but safer than both Carvykti and Abecma.
Market DynamicsBranded Rx drug prices in China are typically significantly lower and the market is predominantly self-pay, tempering the potential for rapid CARVYKTI sales growth.
Regulatory RisksThe BIOSECURE Act is an overhang now that GenScript is under scrutiny by Congress.
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Ownership Overview
0.00%
Insiders
19.44% Mutual Funds
21.96% Other Institutional Investors
58.60% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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LEGN FAQ
What was Legend Biotech Corporation’s price range in the past 12 months?
Legend Biotech Corporation lowest stock price was $38.60 and its highest was $70.78 in the past 12 months.
What is Legend Biotech Corporation’s market cap?
Currently, no data Available
When is Legend Biotech Corporation’s upcoming earnings report date?
Legend Biotech Corporation’s upcoming earnings report date is Nov 18, 2024 which is in 61 days.
How were Legend Biotech Corporation’s earnings last quarter?
Legend Biotech Corporation released its earnings results on Aug 09, 2024. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.287 by $0.237.
Is Legend Biotech Corporation overvalued?
According to Wall Street analysts Legend Biotech Corporation’s price is currently Undervalued.
Does Legend Biotech Corporation pay dividends?
Legend Biotech Corporation does not currently pay dividends.
What is Legend Biotech Corporation’s EPS estimate?
Legend Biotech Corporation’s EPS estimate is -$0.34.
How many shares outstanding does Legend Biotech Corporation have?
Legend Biotech Corporation has 181,911,040 shares outstanding.
What happened to Legend Biotech Corporation’s price movement after its last earnings report?
Legend Biotech Corporation reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.287. Following the earnings report the stock price went down -1.775%.
Which hedge fund is a major shareholder of Legend Biotech Corporation?
Among the largest hedge funds holding Legend Biotech Corporation’s share is RA Capital Management. It holds Legend Biotech Corporation’s shares valued at 332M.
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Legend Biotech Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$80.56 (57.44% Upside)
$80.56 (57.44% Upside)
Blogger Sentiment
Bullish
LEGN Sentiment 75%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 350.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-22.69%
12-Months-Change
Fundamentals
Return on Equity
-22.21%
Trailing 12-Months
Asset Growth
-6.86%
Trailing 12-Months
Company Description
Legend Biotech Corporation
Legend Biotech Corp is a clinical-stage biopharmaceutical company. It is engaged in the discovery and development of novel cell therapies for oncology and other indications. The firm's lead product candidate, LCAR-B38M/JNJ-4528, is a chimeric antigen receptor, or CAR, T cell therapy is for the treatment of multiple myeloma. Its other pipeline products include LB1910, LB1909, LB1903, and others. Geographically, the company generates a majority of its revenue from North America.
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LEGN Earnings Call
Q2 2024
0:00 / 0:00
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LEGN Stock 12 Month Forecast
Average Price Target
$80.56
▲(57.44% Upside)
Technical Analysis
Best Analysts Covering LEGN
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+27.19%
reiterated a buy rating 4 months ago
Copying Matthew Harrison's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +27.19% per trade.
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